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Forex: EUR/USD extends the descent below 1.3400

The bloc currency is intensifying the decline after penetrating the key mark at 1.3400 on Wednesday, as risk aversion continues to swell. The cross is thus partially retracing Tuesday’s gains tha...
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Forex: GBP/USD tests 1.5300 for support against more downside

Governor Mervyn King's wishes of more QE at the last MPC meeting wore defeated in a 6-3 vote to keep things as they are, but the British Pound was object of massive selling as this information was released in the BoE meeting minutes.
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